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URE

Ultra Real Estate

Investment Objective

ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Real Estate Select SectorSM Index.

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Important Considerations

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of its underlying benchmark (the “Daily Target”).

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance.

For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

Common uses for magnified exposure

  • Seeking magnified gains (will also magnify losses)

  • Getting a target level of exposure for less cash

  • Overweighting a market segment without additional cash

Bearish? Explore SRSarrow
Documents & Downloads
Fund Fact Sheet
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NAV History
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You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

30 Day Daily Return

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 6/30/2025
Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
URE Market Price -0.53% -3.14% 1.67% 1.67% 12.78% -2.18% 4.85% 4.43% -3.90% 01/30/2007
URE NAV -0.33% -3.08% 1.70% 1.70% 12.89% -2.08% 4.87% 4.45% -3.89% 01/30/2007

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    URE
  • Intraday Ticker
    URE.IV
  • CUSIP
    74347X625
  • Inception Date
    1/30/07
  • Gross Expense Ratio
    1.10%
  • Net Expense Ratio
    0.95%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
  • Options Available
    Yes
Price
as of 7/11/2025
  • NAV
    $63.40
  • NAV Change
    $-0.13 down caret
  • Market Price
    $63.28
  • Market Price Change
    $-0.15 down caret
  • Trading Volume (M)
    1,825
  • 30-Day Median Bid Ask Spread
    0.21%
  • View Premium / Discount
Snapshot
  • Ticker
    URE
  • Intraday Ticker
    URE.IV
  • CUSIP
    74347X625
  • Inception Date
    1/30/07
  • Expense Ratio
    0.95%
  • Gross Expense Ratio
    1.10%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
  • Options Available
    Yes
Price
as of 7/11/2025
  • NAV
    $63.40
  • NAV Change
    $-0.13 down caret
  • Market Price
    $63.28
  • Market Price Change
    $-0.15 down caret
  • Trading Volume (M)
    1,825
  • 30-Day Median Bid Ask Spread
    0.21%
  • View Premium / Discount

Expenses with Contractual Waiver through September 30, 2025. Without the fee waiver performance would likely be lower.

Exposures

Index as of 3/31/2025

Holdings

as of 7/11/2025

Exposure Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
6.72% AMT AMERICAN TOWER CORP -- $4,001,568.48 18,252 B7FBFL2
6.64% PLD PROLOGIS INC -- $3,949,661.43 36,179 B44WZD7
6.31% WELL WELLTOWER INC -- $3,757,975.20 24,220 BYVYHH4
4.85% EQIX EQUINIX INC -- $2,885,297.10 3,813 BVLZX12
3.49% DLR DIGITAL REALTY TRUST INC -- $2,079,762.15 12,345 B03GQS4
3.38% O REALTY INCOME CORP -- $2,012,717.92 35,212 2724193
3.25% SPG SIMON PROPERTY GROUP INC -- $1,934,691.75 11,961 2812452
2.99% PSA PUBLIC STORAGE -- $1,781,329.93 6,161 2852533
2.93% CCI CROWN CASTLE INC -- $1,744,556.52 16,977 BTGQCX1
2.70% CBRE CBRE GROUP INC - A -- $1,608,444.00 11,448 B6WVMH3
2.36% CSGP COSTAR GROUP INC -- $1,405,152.64 16,448 2262864
2.31% VICI VICI PROPERTIES INC -- $1,376,937.42 41,201 BYWH073
2.09% EXR EXTRA SPACE STORAGE INC -- $1,242,785.28 8,272 B02HWR9
1.91% VTR VENTAS INC -- $1,139,692.92 17,596 2927925
1.89% IRM IRON MOUNTAIN INC -- $1,127,080.98 11,502 BVFTF03
1.88% AVB AVALONBAY COMMUNITIES INC -- $1,119,111.84 5,544 2131179
1.61% SBAC SBA COMMUNICATIONS CORP -- $958,214.40 4,188 BZ6TS23
1.50% EQR EQUITY RESIDENTIAL -- $890,577.86 13,334 2319157
1.25% WY WEYERHAEUSER CO -- $743,994.18 28,278 2958936
1.21% ESS ESSEX PROPERTY TRUST INC -- $719,727.93 2,511 2316619
1.21% INVH INVITATION HOMES INC -- $719,043.45 22,227 BD81GW9
1.16% MAA MID-AMERICA APARTMENT COMM -- $688,036.80 4,565 2589132
0.95% KIM KIMCO REALTY CORP -- $566,577.96 26,377 2491594
0.84% DOC HEALTHPEAK PROPERTIES INC -- $499,755.15 27,087 BJBLRK3
0.80% ARE ALEXANDRIA REAL ESTATE EQUIT -- $477,538.65 6,003 2009210
0.80% UDR UDR INC -- $474,942.40 11,756 2727910
0.80% CPT CAMDEN PROPERTY TRUST -- $473,924.16 4,166 2166320
0.75% HST HOST HOTELS & RESORTS INC -- $446,783.40 27,045 2567503
0.74% REG REGENCY CENTERS CORP -- $441,418.44 6,366 2726177
0.68% BXP BXP INC -- $401,973.60 5,680 2019479
0.48% FRT FEDERAL REALTY INVS TRUST -- $287,201.76 3,027 BN7P9B2
44.89% -- REAL ESTATE SELECT SECTOR INDEX SWAP UBS AG 26,719,168 -- 130,816 --
28.68% -- REAL ESTATE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 17,071,624 -- 83,582 --
18.16% -- REAL ESTATE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 10,807,889 -- 52,915 --
16.87% -- REAL ESTATE SELECT SECTOR INDEX SWAP BNP PARIBAS 10,043,177 -- 49,171 --
15.55% -- REAL ESTATE SELECT SECTOR INDEX SWAP SOCIETE GENERALE 9,255,385 -- 45,314 --
5.24% -- REAL ESTATE SELECT SECTOR INDEX SWAP CITIBANK NA 3,121,349 -- 15,282 --
-- -- TREASURY BILL -- $997,183.33 1,000,000 BRJGTS8
-- -- NET OTHER ASSETS (LIABILITIES) -- $16,564,989.27 16,564,989 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 3/31/2025

  • Total Number of Companies31
  • Price/Earnings Ratio19.863
  • Price/Book Ratio2.973
  • Dividend Yield ( % )3.43
  • Avg. Index Market Capitalization$35.65 billion
About the Index

The S&P Real Estate Select Sector Index is designed to measure the performance of real estate companies included in the S&P 500 Index.

The Index includes real estate companies in the following industries according to the Global Industry Classification Standard (GICS): diversified real estate investment trusts ("REITs"); industrial REITs; hotel & resort REITs; office REITs; heath care REITs; residential REITs; retail REITs; specialized REITs; and real estate management & development.

Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Distributions

For

2025
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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